Tuesday, 6 August 2013

COPPER TREND FOR TODAY-07-Aug-2013

Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 418-416-412-411-405-. Immediate resistance for Copper is 439
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 427 The Copper is now trading is approaching overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 436.7 with a stop at 427.4 Below 424.9 go for sell with a stop at 434.2
Intraday Resistance of COPPER are 435.4 : 439.1 : 445.6 : 451.8 : 458 : 462.5 : 467
Intraday Support of COPPER are 426.2 : 422.5 : 416.2 : 410.3 : 404.4 : 400.2 : 396.1

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